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Prodigy Gold NL (PRX) AI Stock Analysis
Prodigy Gold NL
(ASX:PRX)
The overall score of 42 reflects a high-risk, early-stage gold explorer in significant financial distress. The most critical factor is the company's accelerating cash burn and lack of revenue, which threatens its viability without new financing. This is compounded by a bearish technical trend, with the stock price below all major moving averages. While the debt-free balance sheet provides a minor buffer, it is insufficient to offset the severe operational and market headwinds.
Prodigy Gold NL (PRX) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 16.29M
- Dividend Yield
- ―
- Average Volume (3M)
- 237.03K
- Price to Earnings (P/E)
- -3.6
- Beta (1Y)
- 0.47
- Revenue Growth
- ―
- EPS Growth
- 40.91%
- Country
- Australia
- Employees
- 2
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Gold
Prodigy Gold NL Business Overview & Revenue Model
Company Description
Prodigy Gold NL, founded in 1985 and based in Darwin, Australia, is engaged in the exploration and development of mineral resources. The company concentrates its operations within Australia's Northern Territory, specifically in the Tanami gold distri...
How the Company Makes Money
Prodigy Gold NL does not typically generate recurring operating revenue in the way a producer or service company does. Its economic model is generally tied to value creation from mineral exploration and the monetisation of exploration assets. Potenti...
Prodigy Gold NL Financial Statement Overview
Summary
Financial health is extremely weak. The company is pre-revenue with deeply negative and widening net losses ($4.4M TTM). Cash burn is accelerating, with free cash flow at -$5.1M TTM, rapidly consuming assets. The only positive is a debt-free balance sheet, which prevents immediate insolvency but does not offset the unsustainable cash outflows and eroding equity base.
Income Statement
5Very NegativeBalance Sheet
55NeutralCash Flow
10Very Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 1,200 | 0 | 0 | 0 |
| Gross Profit | -51.23K | -6,173 | 1,200 | -13.83K | -13.54K | -10.57K |
| EBITDA | -4.71M | -4.85M | -3.74M | -10.35M | -5.20M | -7.81M |
| Net Income | -4.42M | -4.42M | -3.54M | -10.13M | -5.22M | -7.62M |
Balance Sheet | ||||||
| Total Assets | 8.61M | 8.61M | 8.82M | 7.86M | 17.00M | 13.70M |
| Cash, Cash Equivalents and Short-Term Investments | 3.06M | 3.06M | 1.20M | 2.34M | 6.05M | 2.40M |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 2.50M |
| Total Liabilities | 2.15M | 2.15M | 2.66M | 2.40M | 2.44M | 4.91M |
| Stockholders Equity | 6.46M | 6.46M | 6.16M | 5.45M | 14.56M | 8.79M |
Cash Flow | ||||||
| Free Cash Flow | -5.10M | -5.10M | -3.20M | -4.70M | -4.74M | -6.46M |
| Operating Cash Flow | -4.90M | -4.90M | -3.20M | -4.51M | -4.38M | -6.42M |
| Investing Cash Flow | -198.91K | -198.91K | 100.00K | -189.83K | -363.55K | 163.80K |
| Financing Cash Flow | 6.96M | 6.96M | 1.95M | 987.11K | 8.40M | 2.39M |
Prodigy Gold NL Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PRX, the sentiment is Negative. The current price of 0.05 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.05, and below the 200-day MA of 0.06, indicating a bearish trend. The MACD of -0.00 indicates Negative momentum. The RSI at 35.84 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:PRX.
Prodigy Gold NL Peers Comparison
Overall Rating
AU:CVR44Neutral
AU:ION43Neutral- AU:PRX42Neutral
AU:TRM41Neutral
AU:GMN38Underperform
AU:MVL29Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| AU:CVR | 44Neutral | AUD 17.07M | -13.61 | -11.59% | ― | ― | -47.00% |
| AU:ION | 43Neutral | AUD 107.48M | -14.46 | -95.49% | ― | -100.00% | -9.80% |
| AU:PRX | 42Neutral | AUD 24.27M | -3.64 | -58.95% | ― | ― | 40.91% |
| AU:TRM | 41Neutral | AUD 10.76M | -49.00 | -15.22% | ― | ― | -18.75% |
| AU:GMN | 38Underperform | AUD 14.31M | -1.32 | -48.04% | ― | ― | 60.56% |
| AU:MVL | 29Underperform | AUD 18.85M | -11.82 | -50.22% | ― | ― | 53.85% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:PRX | Prodigy Gold NL | 0.05 | -0.01 | -14.29% | |
| AU:TRM | Truscott Mining Corporation Ltd | 0.05 | -0.03 | -38.75% | |
| AU:ION | Southern Gold Limited | 0.08 | 0.04 | 92.86% | |
| AU:GMN | Gold Mountain Limited | 0.05 | -0.03 | -35.62% | |
| AU:MVL | Marvel Gold Ltd. | 0.01 | -0.00 | -23.53% | |
| AU:CVR | Cavalier Resources Limited | 0.20 | -0.24 | -54.55% |
Prodigy Gold NL Corporate Events
Prodigy Gold NL Plans Large Non-Renounceable Pro Rata Share Issue
Prodigy Gold NL has announced a proposed non-renounceable pro rata issue of ordinary fully paid shares to its existing shareholders. The offer will see up to 168,546,687 new PRX securities issued, with key dates including an ex date of 12 October 202...
Prodigy Gold Launches Underwritten Entitlement Offer to Raise $7.9m
Prodigy Gold NL has launched a non-renounceable entitlement offer to existing eligible shareholders, offering one new share for every two held at an issue price of $0.047 to raise up to about $7.92 million. The offer is fully underwritten by APAC Res...
Prodigy Gold launches $7.92m underwritten entitlement offer to fund Tanami exploration
Prodigy Gold NL has launched a fully underwritten, non-renounceable entitlement offer to raise up to $7.92 million, offering one new share for every two held at an issue price of $0.047. The offer is open to eligible shareholders in Australia and New...
Prodigy Gold Seeks Trading Halt Ahead of Capital Raising Announcement
Prodigy Gold NL has requested a voluntary trading halt on its securities on the ASX, effective immediately, as it prepares a market announcement regarding a capital raising. The halt will remain in place until either the capital raising announcement...
Prodigy Gold Begins Government-Backed Deep Drilling at Hyperion Deposit
Prodigy Gold NL has mobilised a diamond rig to the Hyperion Gold Deposit at its Tanami North Project, with drilling about to start on a single deep HQ diamond hole designed to test a high-priority induced polarisation chargeability anomaly located ro...
Prodigy Gold Sets 2026 AGM as Tanami Projects Advance
Prodigy Gold NL, an Australian gold explorer and developer, operates across the Tanami Gold Province with a portfolio of greenfield and brownfield projects anchored by its Tanami North and Twin Bonanza assets. The company’s strategy focuses on...
Prodigy Gold-CSIRO Study Sharpens Hyperion Deposit Targeting
Prodigy Gold has completed a collaborative research program with CSIRO that delivers the first integrated structural, mineralogical and geochemical investigation of the Hyperion Gold Deposit. The study significantly advances the geological model for...
Prodigy Gold Confirms High-Grade Tanami Results with PhotonAssay Correlation
Prodigy Gold has reported results from a Chrysos PhotonAssay program on 27 high-grade reverse circulation samples from its 2025 drilling at the Hyperion and Tregony deposits in the Tanami North Project. The Fire Assay and PhotonAssay methods showed n...
Prodigy Gold Reaffirms Tanami Resource Base as It Moves From Explorer to Developer
Prodigy Gold NL has released an investor presentation outlining its transition from gold explorer to developer in the Tanami region, supported by a series of past ASX announcements on resource estimates, drilling results and project studies. The comp...
Prodigy Gold Updates Board in 2026 Annual Report
Prodigy Gold NL is an Australian gold exploration and development company listed on the ASX under the ticker PRX and headquartered in Darwin, Northern Territory. It maintains a network of professional advisers and service providers, including BDO Aud...
Prodigy Gold lifts Tanami mineral resources on Hyperion upgrade
Prodigy Gold NL has reported its annual mineral resource statement as at 30 June 2026, confirming total resources of 23.8 million tonnes at 1.4 grams per tonne gold for 1.05 million ounces across its Tanami North and Twin Bonanza projects. The statem...
Prodigy Gold Details ESG Priorities Across Northern Territory Projects
Prodigy Gold NL has released its 2026 Environment Social Governance Report, outlining sustainability initiatives across its Northern Territory exploration and development projects. The annual report, covering operations from July 2025 to June 2026, i...
Prodigy Gold Updates Governance Framework in Line with ASX Principles
Prodigy Gold has reaffirmed its commitment to robust governance by updating its Corporate Governance Statement as at 20 August 2026, confirming full adoption and reporting against the ASX Corporate Governance Council’s Principles and Recommenda...
Prodigy Gold Updates ASX Corporate Governance Disclosures
Prodigy Gold NL has lodged its updated corporate governance statement and accompanying Appendix 4G with the ASX, confirming compliance with key ASX Corporate Governance Council principles for the year ended 30 June 2026. The statement, current as at...
Prodigy Gold Advances Hyperion Study and Old Pirate Restart Plans in Tanami
Prodigy Gold NL reported a strong June quarter marked by completion of a scoping study for its Hyperion Gold Project at Tanami North, outlining an open-pit operation over four years with processing over five years and potential recovery of about 230,...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 13, 2026